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" A valuable consideration, in the sense of the law, may consist either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered, or undertaken by the other. "
Harvard Law Review - Page 534
1914
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Contractual Limitations: Including Trade Strikes and Conspiracies and ...

Charles Andrew Ray - Antitrust law - 1892 - 580 pages
...void.' d. Val uable Consideration. — The exchequer chamber in 1875 defined "consideration" as follows: "A valuable consideration, in the sense of the law,...some right, interest, profit or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered or undertaken...
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Bills, Notes and Cheques: The Bills of Exchange Act, 1890, Canada, and the ...

John James MacLaren - Bills of exchange - 1892 - 628 pages
...equivalent for the promise made, showing that the promise is § 27. not made gratuitously ": Leake, p. 17. " A valuable consideration in the sense of the law,...some right, interest, profit, or benefit, accruing to the one party, or some forbearance, detriment, loss, or responsibility given, suffered or undertaken...
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Bills, Notes and Cheques: The Bills of Exchange Act, 1890, Canada, and the ...

John James MacLaren - Bills of exchange - 1892 - 646 pages
...the sense of the law, may consist either in some right, interest, profit, or benefit, accruing to the one party, or some forbearance, detriment, loss, or...responsibility given, suffered or undertaken by the other ": Currie v. Misa, LR 10 Ex. 162 (1875). In the French law the intrench word " cause," which takes...
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The Northwestern Reporter, Volume 50

Law reports, digests, etc - 1892 - 1310 pages
...the satisfaction of the jury, they constituted a sufficient consideration for the promise to release. A valuable consideration, in the sense of the law, may consist either in some benefit resulting to the one party, or in some forbearance, detriment, loss, or responsibility given,...
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The Northwestern Reporter, Volume 53

Law reports, digests, etc - 1893 - 1326 pages
...debtor. It was bankrupt. It could not pay its debts. A consideration, in a legal senne, is said to "consist either in some right, interest, profit, or...responsibility given, suffered, or undertaken by the other." 3 Amer. & Eng. Ene. Law, p. 831; Black, Law Diet. "Consideration." The facts clearly show that the...
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The Principles of the American Law of Contracts at Law and in Equity

John Davison Lawson - Contracts - 1893 - 676 pages
...instruments. § 92. What is a Consideration. — A consideration which will support a simple contract is, some right, interest, profit, or benefit accruing...responsibility given, suffered, or undertaken by the other." e It is not necessary that a benefit should 1 As where A and В were Joint owners • California, Iowa,...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 64

Vermont. Supreme Court - Law reports, digests, etc - 1893 - 742 pages
...plaintiff, would be sufficient." The Exchequer Chamber, in 1875, defined •consideration as follows : "A valuable consideration in the sense of the law,...some right, interest, profit or benefit accruing to the one party, or some forbearance detriment, loss or responsibility given, suffered or undertaken...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Volume 97

New York (State). Courts, Francis Blaine Delehanty, Austin B. Griffin, Edward Jordan Dimock, Robert George Scherer, Joseph Albert Lawson, William Van Rensselaer Erving, Louis J. Rezzemini, Charles Cook Lester - Law reports, digests, etc - 1917 - 812 pages
...and enforceable, the Court of Appeals said : " ' A valuable consideration in the sense of the la\v may consist either in some right, interest, profit or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered or undertaken...
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Principles of the Law of Personal Property: Intended for the Use of Students ...

Joshua Williams, Thomas Cyprian Williams - Conveyancing - 1894 - 720 pages
...valuable consideration (q). A Valuable convaluable consideration, in the sense of the law, may SK eratlon' consist either in some right, interest, profit, or...or responsibility given, suffered or undertaken by (m) It was formerly thought mont v. Kfcve, 8 QB 483. Express that an express promise, founded (n) Doctor...
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American Cases on Contract: Arranged in Accordance with the Analysis of ...

Ernest Wilson Huffcut, Edwin Hamlin Woodruff - Contracts - 1894 - 762 pages
...without foundation in the law. The Exchequer Chamber, in 1875, defined consideration as follows : " A valuable consideration in the sense of the law may...some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility given, suffered, or undertaken...
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